The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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China plans for potential Greek euro exit: report

The Chinese government is drafting plans to address the impact of a potential Greek exit from the euro-zone to avoid a scenario that economists say could plunge the global economy into a new recession, state-run newspaper China Daily reported Tuesday, citing government researchers
"The government is working on plans for the worst-case scenario of Greece leaving the euro-zone later this year," the report said, citing Wang Haifeng, director of international economics at the Institute for International Economic Research, under the National Development and Reform Commission
The plan aims to cushion the possible impact on China's exchange rate, capital flows and trade, the report cited several other unnamed sources as saying, adding that the finance and commerce ministries are working on the plan
Greeks go to the polls on June 17 amid growing concern about the country's possible exit from the euro zone

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